Petrol, Diesel Prices Today (May 5): Check fuel rates in Delhi, Mumbai, Kolkata, Chennai and other cities after election results

The prices of petrol and diesel remained steady across major Indian cities on Tuesday, May 5, a day after the election results of West Bengal, Assam, Tamil Nadu, Kerala, and Puducherry were announced. The prices of fuel have remained steady even as global oil prices have been witnessing a sharp rise due to the ongoing West Asia conflict. Petrol and diesel prices have remained the same in Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Kochi and other cities today.

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Petrol, Diesel prices today

In Delhi, petrol is being sold at Rs 94.77 per litre, while diesel is priced at Rs 87.67 per litre. In Mumbai, petrol is retailing at around Rs 103.50 per litre and diesel at about Rs 90.01 per litre, while Chennai has petrol prices hovering near Rs 100.7 per litre, with diesel close to Rs 92.3 per litre.

City	Petrol (₹/litre)	Diesel (₹/litre)
Delhi	94.77	87.67
Mumbai	103.54	89.97
Kolkata	104.95	91.76
Chennai	100.84	92.43
Bengaluru	102.96	88.98
Hyderabad	107.50	95.70
Noida	94.94	88.08
Gurugram	95.19	88.05
Chandigarh	94.24	82.40
Jaipur	104.88	90.36
Patna	105.18	92.04
Lucknow	94.65	87.76

Will fuel prices rise?

The prices of petrol and diesel are likely to surge upto Rs 5 per litre amid rising global crude oil rates, according to government sources. Reports suggest that state-run fuel retailers may raise petrol and diesel prices in the coming days to offset mounting losses from selling fuel below cost. The prices of domestic LPG cylinders are also likely to go up by Rs 40-50, according to sources.

In March, Petroleum and Natural Gas Minister Hardeep Singh Puri had said that OMCs were losing around Rs 24 per litre on petrol and Rs 30 per litre on diesel.

The commercial LPG prices have increased sharply, adding pressure on businesses. The price of a 19 kg commercial LPG cylinder has risen by Rs 993, taking the cost in Delhi to Rs 3,071.50. The 5 kg free trade LPG cylinder has also been hiked by Rs 261. This development comes as global crude oil prices have surged following escalating tensions in West Asia after US and Israeli strikes on Iran earlier this year.